The ability to make sound decisions has always been a defining leadership capability. But for today’s C-suite leaders, the challenge is greater than ever. Rapid change, increasing uncertainty, and a constant flow of information mean leaders are often required to make high-stakes decisions without having all the answers.
In this episode of Leadership Lounge, Emma Combe sits down with leadership advisors Ilana Abramowicz and Henryk Krajewski to explore why decision-making is becoming more challenging in the C-suite—and the practices leaders can adopt to make better decisions and sustain performance.
They discuss:
“Go fast where learning is cheap. Be careful where being wrong is expensive.”
Leadership Advisor, Russell Reynolds Associates
Four things you'll learn from this episode:
In this episode, we will cover:
(02:33) Why leaders often fall into analysis paralysis
(04:12) The impact of being "always on" and how it can affect a leader’s judgment
(05:54) How personal values help leaders navigate difficult trade-offs
(10:40) How executive teams can improve decision-making through clearer decision rights
(12:53) How to avoid groupthink and create productive dissent
(14:03) The role of pre-mortems to stress-test major decisions
(15:27) The one-way-door versus two-way-door-framework for more effective decision-making
A closer look at the research from this episode:
Global Leadership Monitor | Russell Reynolds Associates
Overcome Decision Paralysis: Finding Order in Chaos | Russell Reynolds Associates